Add proposes a law so that rental contracts are indefinite

Add proposes a law so that rental contracts are indefinite

More Madrid (add) has presented a legislative initiative with which to reform the Urban Lease Law (LAU) for them residential rental contracts are indefinite. In this way, they say, it will be given more stability to tenants before their homemade or tenants.

They have been the deputy of Más Madrid (integrated into the Summar Group of the Congress of Deputies) Tesh Sidi, the spokeswoman for the party in the assembly, Manuela Bergerot and the spokeswoman of the party in the City Council, Rita Maestre, who have presented this proposal that It will also be registered at the Madrid Assembly. The idea is to change article 9 of the LAU so that the rental contract becomes indefinite and give “stability and residential security as well as certainty” in the time to live. ” Because “the indefinite contract allows for rent a home”, as highlighted in the exposition of reasons.

Thus, the party led by the Minister of Health, Mónica García, has justified this proposal. As you collect Europa Presshave also been endorsed by a 2018 report published by you (European Real Estate Society) in which a detailed report of the lease conditions in residential markets and their implications in the economy are made.

Long -term rental contracts, they explain, help consolidate the tenant stability in the house, because they offer safe living conditions to the lessee and the lessor, stable income.

Stop the rise in the rental price

The intention, as stressed in the presentation of the proposal, is that with the new contracts it is avoided that in periods between 5 and 7 years They give “drastic” ups on the rental price. Thus, while residing in the house, with the contract in force, the price is regulated.

“A small change in the norm is a great transformation in people’s lives.” In addition, they emphasize that even the Bank of Spain has stressed that the rental price increase arrives at the time a new contract is signed and the floor is rented to another tenant.